How Mills was paid
$381,604 in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.
Named executive officers
| Executive | Salary | Stock | Options | Incentive | Total |
|---|---|---|---|---|---|
| Kevin MillsPresident and Chief Executive Officer and Director | $267,750 | $97,500 | — | $16,354 | $381,604 |
| Lynn ZhaoChief Financial Officer, Secretary and Director | $214,400 | $52,000 | — | $11,750 | $278,150 |
| Leonard L. OttChief Information Officer | $214,400 | $52,000 | — | $13,310 | $279,710 |
| David A. HolmesChief Business Officer | $236,513 | $69,563 | $14,252 | $12,998 | $333,326 |
| Eric GlaenzerChief Technology Officer | $187,000 | $44,000 | — | $10,473 | $241,473 |
What changed and why
- $382KCEO total compensation decreased to $381,604 in fiscal 2025 compared to $475,746 in fiscal 2024.
- Base salaries for executive officers were adjusted based on individual performance and benchmarking.
- Restricted stock awards and stock options were granted under the 2004 Equity Incentive Plan.
- Variable incentive awards were paid based on revenue and EBITDA performance relative to plans.
About this page
Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.